Good to see some activity in the NQ thread. Hope y'all did better then I did, lost $1K this morning. Licking my wounds over lunch and take the rest of the day off.

tturner86 

Good to see some activity in the NQ thread. Hope y'all did better then I did, lost $1K this morning. Licking my wounds over lunch and take the rest of the day off.

Some days you lose some days you win.

Today it was nice down trend.
I "made" in TST combine +182 $

I am new to NQ.
Do you use pivot points ?
It seems NQ like to move between to pivot points and yesterdays high and low ?

flat
can't figure it out. made back about 1/3rd of losses with short bonds.

lemons 

Some days you lose some days you win. Today it was nice down trend. I "made" in TST combine +182 $ I am new to NQ. Do you use pivot points ? It seems NQ like to move between to pivot points and yesterdays high and low ?

All I can say is read this:

Random Line Theory I want to test something. It's simple. Place some random lines on your chart prior to the day opening, and see if at the end of the day you feel like those lines were important (try to imagine they weren't random, but some expensive or complicated …

I do use pivots but they are not vital to my trading. I just have them on the charts, the PP is the most of what I use. I have some ideas / strategies based on whether the PP is above, inside, or below the ADN boxes. But outside of that I rarely watch the other levels.

Seems to be difficult to break through vwap. so decided to short.




what i learned today is I have to follow the price action even when it is counterintuitive to my bias. if I don't want to follow the price action, then I have to stay out all together.

tturner86 

All I can say is read this: Random Line Theory I want to test something. It's simple. Place some random lines on your chart prior to the day opening, and see if at the end of the day you feel like those lines were important (try to imagine they weren't random, but some expensive or complicated … I do use pivots but they are not vital to my trading. I just have them on the charts, the PP is the most of what I use. I have some ideas / strategies based on whether the PP is above, inside, or below the ADN boxes. But outside of that I rarely watch the other levels.

You are saying that pivot points are random lines ?
Also yesterdays high low is random lines ?

lemons 

You are saying that pivot points are random lines ? Also yesterdays high low is random lines ?

Everything is random even price itself.